Businesses of all purposes and sizes rely on contracts to manage their operations. If one party does not fulfill their contractual obligations, the other has the option of going to civil court to enforce the agreement. Written contracts provide a solid basis for...
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Business Law
Protecting your business’s intellectual property
Physical assets are just one part of a business. You likely have several non-physical assets that are crucial to your brand. Elements of your branding are commonly referred to as intellectual property. While you may not be able to hold these assets in your hand, they...
Why business partnerships can go wrong
Entering into a business partnership can be highly beneficial. The workload, financial commitments and liabilities of the business can be shared. A functional partnership can help a business grow. Nonetheless, business partnerships can go wrong. Partnership disputes...
Identifying the roots of disputes in implied contracts
Implied contracts, though not formal, are a significant source of disputes in business dealings. These agreements are rooted in actions or circumstances rather than explicit, written terms. For instance, when a company consistently orders goods from a supplier, an...
Should you mediate?
As a business owner, one of the most important parts of running the business involves protecting your ties and relationships. Of course, a crucial part of this maintenance includes preventing any arguments from permanently tearing a business duo apart. The purpose of...
Does Oklahoma honor occupational licenses from other states?
If you hold a professional license in one state, it may not transfer to another state. Not every state honors a universal license agreement where each state recognizes the licensing of another state. If the state does not have universal licensing, then you would have...
Are non-compete agreements enforceable?
One of the most significant expenses you have as a business owner is finding and training new employees. It often seems that the ones who have the most promise are the ones who move on to different opportunities. Your employees are part of what makes your business...
Business agreements may avoid lawsuits for unpaid invoices
Commercial contracts may specify when a business can file a claim against a customer for an outstanding invoice. As explained by Chron.com, commercial agreements may include payment conditions. They may also note the interest or fees charged when submitting payments...
Non-compete and non-disclosure provisions in employment contracts
Before hiring new employees, a business owner may wish to consider the state laws regarding employment contracts. As noted by Inc.com, Oklahoma does not permit non-compete agreements. This may also cause any relevant non-compete language included in an employment...
Protecting your small business from potential lawsuits
Owning your own business in Oklahoma can be enormously rewarding. It can also be challenging, especially if someone decides to sue your company. You can protect your small business by being on top of things and preventing lawsuits before they happen. Be careful about...